No Chargeback Agreement Template – US

Policy Agreement

This document outlines the terms regarding the absence of disputes related to financial reversals. The information provided is for general understanding and does not replace legal advice. Users should consult a qualified attorney to ensure compliance with applicable laws and regulations across different jurisdictions. Responsibility for applying or adapting this agreement rests solely with the user, and no liability is accepted for any errors or consequences resulting from its use without professional guidance.

Please note: This template for a No Chargeback Agreement in the US is provided for informational purposes only. Actual terms should be customized to specific arrangements and legal advice should be sought.

Sample No Chargeback Agreement (US)

Parties Involved:

Service Provider: XYZ Payment Solutions LLC
Address: 123 Commerce Blvd, New York, NY 10001

Client: ABC Retailer Inc.
Address: 456 Market Road, New York, NY 10002

Purpose of Agreement:

This No Chargeback Agreement sets forth the terms under which the Service Provider shall not accept or process chargebacks or disputes initiated by the Client regarding payment transactions processed under this agreement.

Terms and Conditions:

• The Client agrees not to initiate chargebacks or disputes with issuing banks or payment processors for transactions covered by this agreement.
• The Service Provider shall not be liable for any chargebacks or disputes that occur despite the Client’s agreement not to pursue such actions.
• In case of disputes, the Client shall resolve issues directly with the Service Provider and cooperate in good faith.

Term and Termination:

This agreement shall be effective from the date signed and continue until terminated in writing by either party with at least 30 days’ notice.

Governing Law:

This agreement shall be governed by the laws of the State of New York. Any disputes shall be subject to the jurisdiction of the courts in New York County.

Additional Provisions:

• The Client understands and acknowledges the risks associated with chargebacks and agrees to hold the Service Provider harmless in such cases.
• This agreement may only be modified in writing signed by both parties.
• All terms are confidential and shall not be disclosed to third parties without prior consent.

New York, ______________________